Hover Inc. is a technology company specializing in transforming smartphone photos into accurate, interactive 3D models of properties. Founded in 2011 and headquartered in San Francisco, California, Hover's mission is to create a single source of truth for the physical world, empowering homeowners and professionals to unlock the full potential of residential properties.
Key Strategic Focus
Hover's strategic focus centers on providing innovative 3D property data solutions for the home improvement and property insurance industries. By leveraging deep learning and computer vision technologies, the company enables users to generate precise 3D models from smartphone photos. This capability allows homeowners to visualize potential renovations and assists professionals in obtaining exact measurements, streamlining project planning and execution.
Financials and Funding
As of June 2025, Hover has raised a total of $138.8 million in funding over multiple rounds. The most recent funding round, a Series D, occurred on November 17, 2020, raising $60 million. Notable investors include Google Ventures, Menlo Ventures, Standard Industries, and The Home Depot. The capital has been utilized to enhance technological capabilities, expand market reach, and develop new product features.
Technological Platform and Innovation
Hover's proprietary technology combines deep learning and computer vision to convert exterior home photos into scaled 3D models. This process provides users with accurate measurements and interactive models for project planning and design. The platform integrates with tools such as Google Cloud and CUDA, ensuring robust performance and scalability.
Leadership Team
- Adam J. Altman: Founder & CEO
- Ross Hangebrauck: Co-Founder & Chairman of the Board
- Yevgenia Fink: Chief Financial Officer
- Tom Wild: VP, Business Operations & Strategy
These leaders bring extensive experience in technology, finance, and strategic operations, driving Hover's growth and innovation.
Competitor Profile
Hover operates in a competitive landscape with several key players:
- Matterport: Specializes in 3D property scanning and virtual tours, serving real estate and construction industries.
- Modsy: Offers online interior design services with 3D visualization tools.
- Havenly: Provides online interior design consultations and services.
These competitors focus on various aspects of 3D modeling and design, catering to different segments within the property and home improvement markets.
Strategic Collaborations and Partnerships
Hover has established significant partnerships to enhance its market position:
- James Hardie Building Products Inc.: Launched Hardie™ Designer, an AI design tool powered by Hover, enabling users to visualize home improvements with James Hardie products.
- SRS Distribution Inc.: Renewed partnership to integrate Hover's technology into SRS's distribution network, facilitating better service for contractors and homeowners.
Operational Insights
Hover's competitive advantage lies in its ability to provide accurate, interactive 3D models using only smartphone photos, simplifying the home improvement process for both homeowners and professionals. The company's focus on user-friendly technology and strategic partnerships positions it favorably in the market.
Strategic Opportunities and Future Directions
Looking ahead, Hover aims to expand its technological capabilities, explore new market segments, and strengthen existing partnerships. The company's commitment to innovation and customer-centric solutions positions it well for continued growth in the home improvement and property insurance industries.
Contact Information
- Website: hover.to
- LinkedIn: Hover Inc.
Hover's headquarters are located in San Francisco, California.
